Cost of food in Ecuador decreased 0.73 percent in January of 2020 over the same month in the previous year. Ecuador Food Inflation - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Food Inflation in Ecuador averaged 4.24 percent from 2005 until 2020, reaching an all time high of 20.55 percent in August of 2008 and a record low of -3.60 percent in June of 2018. This page provides - Ecuador Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: INEC, Ecuador
Food Inflation in Ecuador is expected to be -0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Ecuador to stand at 0.40 in 12 months time. In the long-term, the Ecuador Food Inflation is projected to trend around 0.80 percent in 2021 and 0.90 percent in 2022, according to our econometric models.